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henryr 08-26-2008 10:21 AM
resale values
 
what is the resale values of a kirkham versus that of the other manufacturers ?

looking at a 289 street /fia car. while it seem build costs are higher, are you able to recoup most of that upon resale ?

1985 CCX 08-26-2008 10:53 AM
Rule of thumb:

The value of a replica is based off the cost of the build, accuracy to original specification and cost to replicate.

Cost to replicate can be different than the cost of the build as some parts are harder to re-source than others. In most cases the original owner will lose a few bucks. However the upside is that they all hold value better than typical Detroit or Asian counterparts. High end cars hold value better than hot rod versions.

Are Replicas ever Collectible?:D
My opinion = NO! That would be reserved for limited edition cars like the original 60's cars or even the new Ford GT. The 40th year car, R-model, 1000 series, etc are marketing techniques to sell at high prices into an already saturated market.

KMS cost more in the start and generally have more accurate appointents = better value for the buck
A low end glass car with funky paint, hot rodder seats, cheap appointments and low replication value = will be worth less......

Got the Bug 08-26-2008 11:18 AM
Quote:
Originally Posted by 1985 CCX (Post 873812)
Rule of thumb:

The value of a replica is based off the cost of the build, accuracy to original specification and cost to replicate.

Cost to replicate can be different than the cost of the build as some parts are harder to re-source than others. In most cases the original owner will lose a few bucks. However the upside is that they all hold value better than typical Detroit or Asian counterparts. High end cars hold value better than hot rod versions.

Are Replicas ever Collectible?:D
My opinion = NO! That would be reserved for limited edition cars like the original 60's cars or even the new Ford GT. The 40th year car, R-model, 1000 series, etc are marketing techniques to sell at high prices into an already saturated market.

KMS cost more in the start and generally have more accurate appointents = better value for the buck
A low end glass car with funky paint, hot rodder seats, cheap appointments and low replication value = will be worth less......
Agree. If you buy new, you've got to expect a certain amount of depreciation. It's hard to imagine a scenario where any post 60's built Cobra could possibly become more valuable or sought after over time.

ENTDOC 08-26-2008 12:09 PM
many of us who bought cars before 2005 saw a nice appreciation in the value of our cars when we sold them in the last year or so. We paid quite a bit less for our rollers than they cost now, so we were able to sell at a nice profit competing with todays market price for a new car.

CHANMADD 08-26-2008 12:16 PM
A decent Cobra will always have a reasonable resale value..in comparison to any "normal " car which will most always depreciate to close to "0" over time.
Although I have always said that any specialty car is worth what a buyer is willing to pay!
John

SP01715 08-26-2008 04:20 PM
The economy is going to play a roll as well. The guys that sold their cars a couple years ago for a profit would more than likely not be able to do that now. There are some deals out there now because of the weak economy. Now is the time to buy IMO.

Got the Bug 08-26-2008 04:56 PM
Due to the exchange rate, I imagine that some people also did pretty well selling their cars to non-US buyers over the last couple of years. In the end, after sales tax (which is a big hit in CA), maintenance, and mods, few people will be ahead of the game if/when they sell. Kirkham and Shelby owners would probably fare better than most in retaining their value.

Long term value was a consideration when I bought my car, but I stopped thinking about it the minute I got behind the wheel. :3DSMILE:

double ugly 08-26-2008 05:20 PM
The NEED to sell will get you less money. If you have a good re-creation and are patient you will, at least, re-coup your investment

Igofastr 08-26-2008 06:22 PM
Quote:
Originally Posted by Got the Bug (Post 873821)
Agree. If you buy new, you've got to expect a certain amount of depreciation. It's hard to imagine a scenario where any post 60's built Cobra could possibly become more valuable or sought after over time.
Generally, that is true. However, there was a line of GT40 replicas made years ago (I just can't come up with the name now) which are worth significantly more today than they cost at that time. In fact, they probably cost more than the current Ford GT.

That said, if you are patient and buy smartly, I think you can do OK with a higher end car...Shelby or Kirkham. I do believe that current market value is above what I have in my own car. But if all I wanted to was make money...I'd have bought a Ferrari TR, or any number of other collectable vehhicles. Now, if Kirkham were to stop building Cobras....


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